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Cut in FY25 estimates likely to keep SBI Life stock under pressure

SBI Life Insurance reported a weak performance in Q2FY25. Image used for representation purpose only. Illustration: Uttam Ghosh/Rediff.com The annual premium equivalent or APE grew 3 per cent......

After encouraging Q4, outlook positive for LIC

India’s largest life insurer, Life Insurance Corporation of India (LIC) reported encouraging performance in the January-March quarter (Q4) of FY24. Total annual premium equivalent (APE) was......

Max Life plans to hire 30K agents, open up to 100 offices in FY25

Max Life Insurance plans to hire 30,000 agents and open 50 to 100 new offices in the financial year 2024-25 (FY25) to drive premium growth, said Prashant Tripathy, managing director and chief......

'Aim is to double individual first-year premiums in 3 yrs'

'Currently, our individual first premium would be in the Rs 3,000-Rs 3,200 crore range. We want to take that to about Rs 6,000 crore in three years.' Illustration: Uttam Ghosh/Rediff.com Aditya......

Good Q4, commentary perk up ICICI Lombard General Insurance stock

Investment yields could be around 8.1 per cent in FY25 rising to 8.5 per cent in FY26 Photograph: Courtesy, ICICI Lombard ICICI Lombard General Insurance Company reported financial improvement......

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